REG - Flowtech Fluidpower - Notice of AGM

Flowtech FluidpowerAnnouncement

17/05/2024 15:00

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RNS Number : 9669O  Flowtech Fluidpower PLC  17 May 2024

 

 

 

Friday, 17 May 2024

 

 

 

 

Flowtech Fluidpower plc

("the Company")

Availability and Posting of the 2023 Annual Report

&

Notice of Annual General Meeting

 

 

The Company confirms that the 2023 Annual report (Report), together with the
Notice convening the 2024 Annual General Meeting (AGM), and Form of Proxy have
been sent to all shareholders by either electronic means or posted to those
who have elected to receive hard copies.

 

AGM

The AGM will be at 10.00am on Tuesday, 11 June 2024 at the Group's
Headquarters, Flowtech Fluidpower plc, Bollin House, Bollin Walk, Wilmslow
Cheshire, SK9 1DP.

In order to allow shareholders to follow the AGM proceedings without attending
in person, the Company is providing access online via the Investor Meet
Company platform.  However, please note that shareholders will not be able to
vote online at the AGM via the IMC platform and are therefore requested to
submit voting via proxy, as early as possible.

Shareholders are invited to submit any questions for the Board to consider,
and these can be pre submitted ahead of the AGM either via email:
info@flowtechfluidpower.com (mailto:info@flowtechfluidpower.com) or, the
Investor Meet Company Platform up until 9am the day before the meeting.
Questions can also be posted on the platform during the live session.

For those wishing to join the AGM remotely, please sign up via:

https://www.investormeetcompany.com/flowtech-fluidpower-plc/register-investor
(https://www.investormeetcompany.com/flowtech-fluidpower-plc/register-investor)

 

Investors who already follow Flowtech on the Investor Meet Company platform
will automatically be invited to join the session.

Copies of all documentation are also available to view on the Company's
website: www.flowtechfluidpower.com (http://www.flowtechfluidpower.com) .

 

To obtain hard copies of the Report please contact the Company Secretary at
the registered office: Flowtech Fluidpower plc, Bollin House, Bollin Walk,
Wilmslow, SK9 1DP or email: info@flowtechfluidpower.com
(mailto:info@flowtechfluidpower.com) .

 

 

 

 

 

 Further enquiries please contact:
 Flowtech Fluidpower plc

 Tel: +44 (0) 1695 52759

 Russell Cash, Chief Financial Officer & Company Secretary

 Website: www.flowtechfluidpower.com (http://www.flowtechfluidpower.com)

 Email: info@flowtechfluidpower.com (mailto:info@flowtechfluidpower.com)

 Liberum

 (Nominated adviser and Sole Broker)

 Tel: +44 (0) 20 3100 2000

 Richard Lindley / Will King

 TooleyStreet Communications

 (IR and media relations)

 Fiona Tooley; Tel: +44 (0) 7785 703523

 or email: fiona@tooleystreet.com (mailto:fiona@tooleystreet.com)

 

 

 

 About Flowtech Fluidpower plc

 Founded as Flowtech in 1983, we provide customers with power, motion &
 control solutions, from a single component to integrated engineering systems,
 in the most cost-effective way, harnessing the best global brands &
 products, services and engineers in the market.  We operate across three
 regions in Great Britain (70%), Ireland (20%), and The Benelux (10%) as well
 as serving customers around the world.  Flowtech joined the AIM market in
 2014.

OUR PURPOSE |  We provide power, motion and control products, systems and solutions, keeping
         industry moving and creating a more sustainable world

 OUR MISSION |  To provide products and solutions to help our customers achieve their goals,
         saving them time and money and operating more safely and sustainably

 OUR VISION |   To be the trusted adviser and solutions partner in a world of motion

 

 The value we create for our customers

 Flowtech works across all industry sectors serving the needs of customers who
 are designing, building, maintaining and improving industrial plant, equipment
 and operations.  We add value by being a technical specialist and trusted
 adviser to Maintenance, Repair & Operations (MRO) customers, Original
 Equipment Manufacturers (OEMs) and through our long-standing Distributor
 Partner channels.  We provide essential technical products combined with a
 broad range of specialist engineering services across the world of Power,
 Motion & Control.

 Easy access to the widest Technical Product range

 We stock over 75,000 Power, Motion & Control products including hydraulic
 and pneumatic consumables and trade through our channels including E-commerce
 Websites, Central Sales, Technical and Customer Support teams and through our
 localised Engineering Centres across GB, Ireland and Benelux.  We partner and
 distribute for the world's largest power, motion and control brands and have
 access to over 0.5 million technical products through over 2,000 leading
 suppliers.  We provide a market leading quality own brand offering
 complementing our branded supplier portfolio.

 Market Leading Distributor Partner Programme

 We operate a leading Distributor Partners Programme supplying our wide range
 of Products and Engineering Services through our strategic network of
 Distributors and Service Providers giving them the support they need to
 service their end-customers.  This is enabled by our tried and tested white
 label catalogue, E-commerce and fulfilment business model.

 Engineered Systems and Solutions

 We supply specialist technical Power, Motion & Control components &
 systems with our core being centred around pneumatics and hydraulic industrial
 and mobile applications.  This includes bespoke design, manufacturing,
 commissioning, installation, and servicing of systems to manufacturers of
 specialised industrial and mobile OEMs, and additionally a wide range of
 industrial end users.  From a simple technical system build such as a
 Hydraulic Power Pack to the repair of pumps, values and cylinders through to
 site-based diagnostics and services to fully integrated turn-key solutions, we
 have a strong engineering pedigree at our core making us the trusted adviser
 and solutions partner for our customers.

 Our six engines towards mid-teens operating profit percentage

 Today, we are a strong market leader in a highly fragmented £30bn European
 market.  We have a clear strategy and plan to accelerate value creation for
 our stakeholders.  We are transforming our Company and have plenty of room
 for improvement and growth

 1.     Customer growth

 2.     Commercial excellence

 3.     Range expansion

 4.     Own brand

 5.     Operate for less

 6.     Building talent and capabilities.

 To read more about the Group please visit: www.flowtechfluidpower.com
 (http://www.flowtechfluidpower.com)

 

The value we create for our customers

Flowtech works across all industry sectors serving the needs of customers who
are designing, building, maintaining and improving industrial plant, equipment
and operations.  We add value by being a technical specialist and trusted
adviser to Maintenance, Repair & Operations (MRO) customers, Original
Equipment Manufacturers (OEMs) and through our long-standing Distributor
Partner channels.  We provide essential technical products combined with a
broad range of specialist engineering services across the world of Power,
Motion & Control.

 

Easy access to the widest Technical Product range

We stock over 75,000 Power, Motion & Control products including hydraulic
and pneumatic consumables and trade through our channels including E-commerce
Websites, Central Sales, Technical and Customer Support teams and through our
localised Engineering Centres across GB, Ireland and Benelux.  We partner and
distribute for the world's largest power, motion and control brands and have
access to over 0.5 million technical products through over 2,000 leading
suppliers.  We provide a market leading quality own brand offering
complementing our branded supplier portfolio.

 

Market Leading Distributor Partner Programme

We operate a leading Distributor Partners Programme supplying our wide range
of Products and Engineering Services through our strategic network of
Distributors and Service Providers giving them the support they need to
service their end-customers.  This is enabled by our tried and tested white
label catalogue, E-commerce and fulfilment business model.

 

Engineered Systems and Solutions

We supply specialist technical Power, Motion & Control components &
systems with our core being centred around pneumatics and hydraulic industrial
and mobile applications.  This includes bespoke design, manufacturing,
commissioning, installation, and servicing of systems to manufacturers of
specialised industrial and mobile OEMs, and additionally a wide range of
industrial end users.  From a simple technical system build such as a
Hydraulic Power Pack to the repair of pumps, values and cylinders through to
site-based diagnostics and services to fully integrated turn-key solutions, we
have a strong engineering pedigree at our core making us the trusted adviser
and solutions partner for our customers.

 

 

Our six engines towards mid-teens operating profit percentage

Today, we are a strong market leader in a highly fragmented £30bn European
market.  We have a clear strategy and plan to accelerate value creation for
our stakeholders.  We are transforming our Company and have plenty of room
for improvement and growth

 

1.     Customer growth

2.     Commercial excellence

3.     Range expansion

4.     Own brand

5.     Operate for less

6.     Building talent and capabilities.

 

To read more about the Group please visit: www.flowtechfluidpower.com
(http://www.flowtechfluidpower.com)

 

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